How does a bill become an act? Explain procedure
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Explanation:
lok sabha exercises total control over the financial matters of the nation.
the government cannot levy any tax or spend any money without the approval of the lok sabha.
the financial bill must be first introduced in the lok sabha.
after being passed by the lok sabha the billgoes to the rajya sabha for discussio the rajya sabha can give certain suggestions and direction, and delay giving it's consent to the 14days it is taken for granted that the rajya sabha has approved it.
it is sent to the president for his approval.
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